Bluzelle BLZ

$0.1312
Market Cap $ 25.304 MM (#175)
24h Volume $ 1.098 MM
Chg. 24h: -6.51%
Algo. score 3.8/5  (#78)
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Bluzelle News

Analysis: 11 coins with sizzling sentiment as BTC wobbles

This has got to be the worst time to be trading crypto. At least a few months ago, it was pretty clear we were in a downtrend. Now, every move of Bitcoin is micro-analyzed, even as those moves become more microscopic, with everyone hoping to find signs that we might finally be turning around. But as of right now, looking at sentiment analysis, most signs still point down (this morning’s spike and $USDT craziness notwithstanding). Let’s look at the market charts to see what I’m talking about. Disclaimer: I write these things late Sunday night, generally. So if something big happens between then and publication, ¯\_(ツ)_/¯. For the last few months, Bitcoin just can’t get any sustained sentiment going. We had a peak again last week, leading up to our big drop on the 10th. And that’s the been the pattern for the last few months. We get some sustained bullish action, we reach a peak, people get excited that it’s going to continue and then, bam, the bottom falls out. Sentiment rebounded pretty quick, as did the price of Bitcoin, and we remain in the narrowing price channel we’ve been in so far this fall. That’s not terrible news for Alts, who have been able to ride Bitcoin’s stability to some nice gains. Sentiment has fallen recently with less certainty surrounding Bitcoin, but as long as we don’t see another major drop, people may continue to test the waters and throw some money into other currencies. A couple of things worth noting in the Alts market. You can expect some continued buzz around $ADA, $BAT, $XLM and $ZEC as the world awaits which coin will next be added to Coinbase. As you likely know, $ZRX began trading on Coinbase Pro last week and saw a healthy bump. $BAT has been in my weekly picks for a few weeks now and continues to be the highest rated of the “Coinbase 5”, by sentiment. Another thing worth noting is $BNB. Binance’s native currency has been in the weekly picks for the last two weeks. Generally speaking, $BNB does best in bear markets as the strongest exchange-based coin. If things turn south, it may be worth watching. Stay vigilant though. Eventually, Bitcoin is going to have to pick a direction and it’ll probably be more dramatic than we’ve seen when it does. The Top Alts These coins/tokens had the highest power rating in my analysis this week. The power rating is a weighted calculation taking into account sentiment, volume and the number of unique users who mentioned a coin. Generally, I eliminate any coins mentioned by less than 3 individual people as I don’t feel it would be representative of a trend. One important note: Pay close attention to the previous week’s price action. High sentiment can indicate both a possible move or a possible peak in price, however temporary. I’ll be adding signals soon to indicate this, but be wary of any coin with a major price shift in the last week. 11. 10. 9. 8. 7. 6. 5. 4. 3. 2. 1. The Data Coin Sentiment (of 100) Volume Influencers Power Rating ABT 0 1 1 0 ACED 93 1 1 46.5 ADA 40 25 15 68.25 ADX 64 1 1 32 AE 11 4 2 36.75 AGDN 90 1 1 45 AGG 48 1 1 24 AGI 81 6 1 60.75 AION 39 19 8 66.75 ALQO 58 6 4 69.5 AMB 64 1 1 32 AMGN 3 1 1 1.5 ANON 78 5 2 71.75 ANS 85 1 1 42.5 APOT 2 1 1 1 ARK 59 4 4 67 ARN 36 5 4 57 ARO 5 4 4 40 AURA 81 4 1 57.75 BAT 64 19 11 79.75 BAX 64 1 1 32 BAY 20 1 1 10 BBK 48 3 3 56.5 BBP 64 1 1 32 BCC 93 1 1 46.5 BCH 45 10 8 68 BCN 39 9 9 65 BCO 0 1 1 0 BDG 20 1 1 10 BIS 85 1 1 42.5 BIX 20 1 1 10 BLOCK 20 3 1 24 BLZ 20 1 1 10 BNB 62 16 7 77.25 BOX 85 1 1 42.5 BQX 64 1 1 32 BTC 41 437 87 70.5 BTS 20 1 1 10 BVO 99 1 1 49.5 BWK 74 17 5 81.75 BXY 74 3 3 69.5 BYC 0 1 1 0 BZX 74 3 1 51 CATO 64 3 3 64.5 CHF 5 2 1 13.25 CLO 93 1 1 46.5 CLQ 81 1 1 40.5 CMT 78 8 4 80.75 COLX 16 5 1 26.75 CRM 90 1 1 45 CTK 3 1 1 1.5 CV 93 3 2 74.5 CYFM 81 1 1 40.5 DACC 85 2 2 67.25 DAI 64 2 1 42.75 DALA 99 1 1 49.5 DAX 16 5 5 48.25 DAXT 48 1 1 24 DBIX 59 5 2 62.25 DCR 20 6 3 48.75 DERO 60 13 3 71 DEV 48 3 2 52 DGB 43 5 5 61.75 DGTX 7 1 1 3.5 DIG 11 1 1 5.5 DIS 0 1 1 0 DJI 15 7 5 49.75 DLT 99 1 1 49.5 DNT 3 2 2 26.25 DOGE 61 3 3 63 DOT 18 3 1 23 DOW 5 2 2 27.25 DP 90 1 1 45 DRGN 11 2 2 30.25 DTB 48 1 1 24 DXY 20 1 1 10 DYN 48 3 1 38 ECC 85 2 2 67.25 EDG 40 2 1 30.75 EGEM 85 1 1 42.5 ELA 64 1 1 32 ELF 44 3 1 36 ENG 36 5 2 50.75 EOS 35 18 13 65.25 EQLI 20 1 1 10 ESE 48 1 1 24 ETC 15 14 12 54.25 ETH 19 50 28 58.75 ETN 64 3 2 60 EVI 95 1 1 47.5 EVX 61 3 2 58.5 FLASH 97 1 1 48.5 FOTA 46 13 2 59.5 FTC 64 1 1 32 FUEL 44 3 1 36 GAS 48 1 1 24 GAX 20 1 1 10 GE 20 1 1 10 GEO 97 1 1 48.5 GFY 5 4 3 38.25 GIN 64 4 3 67.75 GMT 7 1 1 3.5 GP 20 1 1 10 GRS 81 1 1 40.5 GVT 76 2 1 48.75 HEXX 20 1 1 10 HKN 7 5 4 42.5 HOT 48 10 6 68.5 HT 11 4 2 36.75 HXRO 20 2 2 34.75 ICX 42 29 12 69.25 INS 10 3 2 33 IPSX 64 4 1 49.25 KEY 80 5 2 72.75 KLKS 61 2

4 days ago

Phantasma Chain Partners with Bluzelle

Phantasma Chain, a decentralized content distribution system running on the blockchain, recently announced a partnership with Bluzelle, a “decentralized, on-demand, scalable database service for dApps,” in its quest to create an optimal ecosystem for application development. The partnership between Phantasma and Bluzelle aims to enable “all the necessary tools for data storage and management” and give developers the choice between permanent and dynamic database storage, which will open the door to future possibilities. (JF)

23 days ago


News courtesy of berminal.com
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